Last refreshed: September 4, 2026 (US ET)
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APD

Defensive

Air Products and Chemicals, Inc

Materials·Specialty Chemicals·β 0.81Yield: Mid (1-3%)

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, metals, manufacturing, electronics, energy production, medical, food, chemical and petrochemical manufacturing, oil and gas recovery and processing, and steel and primary metals processing. It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage.

Close · 3M

+2.14%

APD · 3M

+2.14%

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Held by 0 AI ETFs

None of the tracked AI ETFs currently hold this name.

Signal performance

Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.

Buy signals1
Win rate100% (1/1)
Avg buy return+0.84%
AIEQno longer held2 signals

AIEQ · Exit · 1d

weight 0.050% → 0 (exited)·stock down 3.8% in the 30 days before

Aug 2·entry $292.94·now $308.97

+5.47%
since Aug 2

AIEQ · New entry · 1d

weight 0 → 0.050% (new)

Jul 1·entry $306.40·now $308.97Fresh

+0.84%
since Jul 1

Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.

Buffett-style framework

Fails the frameworkas of Aug 2

The AI ETF, AIEQ, exited its position in Air Products and Chemicals, which aligns with this framework's 'Fail' verdict. The analysis indicates the company currently lacks a sufficient margin of safety, providing a rationale for an exit from a value investing perspective.

  • Circle of CompetenceThe industrial gas business, with its long-term supply contracts and significant asset base, provides sufficient predictability to project cash flows over a decade.
  • Economic MoatAir Products benefits from strong scale advantages in production and distribution, high capital barriers to entry, and significant customer switching costs that protect its market position.
  • ManagementInformation on management's candor, capital allocation decisions, and insider ownership is not sufficiently provided to assess this criterion.
  • Financial HealthThe provided financials lack the 10-year average ROE, operating margin trend, and detailed debt structure necessary to fully assess long-term financial health and owner earnings.
  • Margin of SafetyThe current valuation metrics, including a P/E ratio of 31.48 and EV/EBITDA of 21.57, suggest the company trades at a premium, leaving no apparent margin of safety.

Air Products and Chemicals operates within a highly predictable industry and possesses a strong economic moat. However, a comprehensive assessment of its financial health was hindered by incomplete data, and critically, the current market price offers no discernible margin of safety against its intrinsic value. This absence of a margin of safety leads to an overall 'Fail' verdict for a Buffett-style value investor.

Educational interpretation generated by AI applying frameworks Warren Buffett documented in his shareholder letters and other public writings. Not a statement by Mr. Buffett or Berkshire Hathaway, and not investment advice.